'Shazam!' is Dead, Says Writer John August

So remember that whole Shazam! movie, with John August writing, Peter Segal (Get Smart) directing and Dwayne "The Rock" Johnson starring as the villain, Black Adam? Last year we talked about this project a lot, wondering which actor would eventually play Captain Marvel, as well as teenager Billy Batson. In fact, as recently as November of 2008, Variety had reported that Shazam! was part of Segal's first-look deal with Warner Brothers. (The project was originally set up at New Line, but moved to Warners when they went under.)

However, over on his blog, August says the project is now dead in the water after several re-writes, most of which came about after the studio wanted him to take the film from a lighter action-comedy to something much darker (a la The Dark Knight). And regarding the recent news that Segal would be directing, August notes that "press releases often have little relationship to reality." He does admit, though, that the movie may still happen ... just not with him onboard and not anytime soon. Which is a shame, because this pitch -- "Like Big, but with superpowers ..." -- definitely had potential.